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Artist Recording Contract

Section A:
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Artist Recording Contract


® Platinum Plus Records

Sample
Artist Legal Name Appears Here
Artist Social Security Number
Artist Address Here
© 2010/2011
Capitol Management Group
330 Franklin Road
Brentwood, TN 37027-3282
800-767-4984 (toll free)
615-321-0600 (wk)
615-338-4497 (fax)

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Artist Recording Contract

Agreement made as of the (day of week) in the (month) of in the year of 2010/2011 between Capitol
Management, hereinafter referred to as the "company" and Platinum Plus Records, hereinafter referred
to as the "Record Label" or "Recording Company" and (name of artist here), hereinafter referred to as
the "artist" and (name of artist's music company here), hereinafter referred to as the artist, artist’s
corporate sponsor, business sponsor, or music company.

WITNESSETH:
Whereas, the artist is a singer and performer; and

Whereas, the company is a record company, record producer, record promoter, and among its
numerous other functions, markets musical compositions and performances; and whereas, the parties
are desirous of entering into a contract whereby the artist will record songs for the recording company
and that company will attempt to market the same for a period of 12 months commencing with the date
of the signing of this agreement;

Now therefore in consideration of these presents (those signing the contract) and of the mutual
benefits and obligations hereinafter contained, the following agreement is made:

Definition Of Terms

For the purpose of this Agreement, the following terms shall have the following meanings and the
entirety of the term is expressed within the body of this contract:

1. "Side" means the equivalent of a single compact disc cut, or a single song, or a single sound track
or the equivalent of a 7 inch 45 rpm , single-sided recording used in international radio, embodying the
recorded performances of the artist and intended for the use and manufacture of phonograph records,
or compact disc units or 45 rpm records in the international markets or any other form of music that is
currently present on the internet or other cyber area in MP3 format or any future format. This includes
any audio file, digital entity, any digital computer file that is stored, shared, transferred, files that are
digitally downloaded online or "cloud sharing" files, streamed or otherwise, digital energy of any kind
that is considered a song.

2. "Single" means a single song embodying the recorded performances of the artist and intended for
use in the manufacture and distribution for promotion of the artist during the 12 month period the artist
is under contract. Because of the recent environmental concerns at many levels in the music industry,
all artist single releases are done nationally and internationally in compilation with other artists on the
same record label. Usually the various mailings are done in compilation with half of the roster being
songwriter clients and the other half being artist clients the record label is promoting. The record label
may choose at its discretion to solely release the artist's product via the internet, their internet site and
may do it in any internet form so chosen. Regardless of whether the exact description appears here,
this single song, digital file, "cloud sharing" audio file, digital stream, mp3, wav file, or any future digital
energy audio release (considered a single song) is a part of this contract.

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3. "Records" mean all forms of reproductions, now and hereinafter known, manufactured or used
primarily for home use, school use, jukebox use, or use on means of transportation, or for radio or
television airplay, embodying sound alone, or sound coupled with visual images, or "sight & sound"
technology devices including videos, streaming videos, digital audio singles, compact disc or laser
disc units, internet or cyber space use either in MP3 format, liquid audio, real audio, wav files, or any of
the other many forms of internet use, discovered now or not discovered, streaming, "cloud sharing"
files or future discoveries of how to deliver a single song for public consumption.

4. "Retail list price," means the retail list price or applicable list price in, at the record company’s
discretion and election that the country or manufacture or sale (exclusive of all taxes, discounts, duties
and packaging and promotional give-aways) of recordings takes place therein. "Wholesale list price,"
means 60% discounted from the retail price whatever the current retail price is in the various world
currencies. "Composition," means a musical composition, jingle, or medley of songs consisting of
words, vocal music, and a melody contained on a side of music that can be legally copyrighted through
the Copyright Office of the Library of Congress in Washington, DC.

Copyright Office Information


Contact Here

5. "Recording costs" means all costs incurred with respect to the production of sides embodying
Artist’s performances. Recording costs include, but are not limited to, union scale, the costs of all the
instruments, musicians, vocalists, background vocalists, conductors, arrangers, orchestrators,
copyists, producers, etc., payments to a trustee or fund based on wages to the extent required by any
agreement between the company and the various labor organizations in the music business, payments
to a trust fund or bank account set aside for the purpose of paying recording costs, all studio payments
and costs for the various engineers (master engineers, assistant engineers, mastering engineers,
mixing engineers, post-mastering engineers and editing engineers), the costs for recording tape of all
kinds, both analog and digital, editing in the digital editor, mixing or remixing, per diems or cartage
fees (fees companies charge producers to deliver music instruments to the studio at specified times)
rehearsal halls, costs of non-studio personnel involved in arranging the recording sessions, non-studio
facilities that might be needed, equipment dubbing equipment, time involved in dubbing, transportation
of various players, instruments and any other costs and expenses incurred in the production of music
that the producer or producers deem necessary to complete the recording to industry standards of
presentation to the major labels.

6. "Territory" means the world and "time" for the purpose of this agreement shall be limited to exactly
366 calendar days after the signing of the contract.

Artist Production Services

The Company hereby engages the Artist to render such services as it may require in the production
of phonograph records and the Artist hereby accepts such engagement and agrees to render such
services for an initial period of 12 months commencing on the dates set by the producer to record the
artist in the studio. The boundaries of this obligation are herein explained now in the body of this
contract.

1. The producer will set a date to record the artist upon artist wire-transferring to the producer or
record company, or management firm’s trust fund or bank account a deposit sufficient for the company
or producer to engage the studio, arranger, session leader, players, and various other union
organizations that the company or producer is signatory to

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including but not limited to the American Federation of Musicians, SAG/AFTRA, Country Music
Association, Gospel Music Association, ASCAP, BMI, or SESAC or any other organization that is
pertinent to fulfilling the terms of this contract.

2. The deposit amount is a non-refundable sum which shall be distributed to the various player
representatives, company, recording company representatives, studio, studio representatives,
mastering facilities or whatever the source that is being scheduled by the producer or record label
representative for the artist’s recording. The usual minimum amount required to schedule one studio
day is $1,000.00 US dollars and the deposit would reflect the number of days and players that were
needed to be scheduled in advance for the recording sessions.

3. The artist cannot cancel a session without giving the producer, or company representative notice,
ten (10) business days prior to the recording session. If a session is canceled, the deposit is still non-
refundable or may be applied to another date that the recording company, producer or record label
representative re-schedules with the artist at a later date. Since the various unions in New York,
Nashville, and Los Angeles where the great percentage of all music recording is done, require the
record company, producer, or record label representative to have "all" of the money for a session in a
local fund or bank 72 hours prior to the session being called, the full amount of the contract is payable
to the company, producer, or label’s trust fund or bank account in certified funds 3 business days (72
hours by wire-transfer) prior to the actual session being called.

4. During the term of this agreement, the artist agrees to perform for the recording of the various
sides, embodying compositions theretofore approved by the artist, label, and artist’s producer. Such
recording will take place at an approved 32 track studio or 24 track studio that is acceptable to the
producer and record label executives. The times of the recording will be mutually acceptable to the
artist, producer, record label, and label’s representatives. Session times are as follows for AFM studio
musicians:
(a) Monday through Friday at the following times: 10:00 a.m., 2:00 p.m., 6:00 p.m., and 10:00 p.m.
Weekends and all time after midnight is considered “ premium time” and additional charges will be
added for any session called after 10:00 p.m. on Friday night. Holidays normally recognized by the
Federal Government are also recognized by the local unions and sessions called on those days are
considered “ premium sessions” and 3 & 1/2 times the normal session rates will be in effect.

(b) Should the artist fail to appear at any of the recording sessions agreed upon for which the artist
has been given reasonable notice, then the company shall have the right to cancel the artist’s contract,
charge any out-of-pocket expenses, or other expenses relating to artist’s failure to appear as scheduled
back to the production contract seek equitable relief from the artist, his sponsor’s or representatives.

(c) During the contract period, the artist shall have complete freedom to perform publicly at any place,
and at any time so scheduled by the artist without the interference of the record company. None of the
monies that the artist earns from the artist’s personal appearances shall be encumbered by the
company, label, or it’s representatives. One hundred percent (100%) of all personal appearance fees
shall belong to the artist, his management company, and his agent. Said monies to be directly
deposited to the artist’s bank account so designated and all agreements with agent’s and managers
paid out of the bank account by the artist to those

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various agencies, talent coordinators, etc. that are involved in the booking of various engagements on
his behalf.

d. A special wire-transfer sheet is included with this contract. All record label monies, management
and production expenses are to be sent to this account and this sheet is included in the exhibit list and
is labeled Exhibit B.

Record Company Options

Must Be Exercised In Writing During Terms Of This Agreement

Options In Contract

During the contract period the recording company may exercise one or more of the following options:
1. The artist is under what is called a “recording obligation” for for the next 12 months. The artist will
fund the initial cost of presenting himself or herself to the record company with a minimum of at least
two sides cut from scratch in the studio or a minimum of at least 5 songs, recorded using company
master sound tracks.

Further recording obligations, should the artist be signed to a major label will be at the expense and
obligation of the label to whom the artist is signed. However, the artist must understand that all monies
furnished to the artist will be charged back to his/her account at a major label from which all of the total
monies will be recovered from the artist’s publishing, record sales, personal appearance schedule,
corporate sponsorships, product sales of any/all kinds, any music related items offered for sale on the
artist’s behalf, road albums, endorsements or gifts. There are absolutely no "free rides" in the music
business, not even at the major label level. All costs are recoupable by the company.

2. None of the following can be charged back to the artist while the artist is signed to the
development label during the next twelve months, and the following represents a list of items that the
development label is paying for in behalf of the artist after his presentation tape is completed.

||| Manufacturing of artist’s single record on compact disc in compilation with label’s roster; ||| Mailing,
labor, and postage to mail the artist’s single to all of the Billboard radio reporter stations and radio reporter
panel; ||| Service to reporter and non-reporter stations; ||| Service & re-service costs; ||| Fulfillment center
costs for requested products; ||| National and international distribution; ||| In-house label promotion of the
artist’s single; ||| Shipping costs & designation fees; ||| Compact Disc unit prep and outreach costs; |||
Graphics & design charges; |||

All of the items in the above enumerated list above, should the label decide to release such artist
product, will be paid for by the record label on behalf of the developing artist and no charge backs are
allowed. Any compensation for the above costs would have to be recovered by the developer from
signing the artist to a major label during the contract period or up to 12 months after the contract
period through the continued promotional efforts of the developer with the artist’s sides recorded for
the developer, producer and record label herein mentioned.

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3. Artist may be called back to record at least one album on behalf of the label, producer, record
company or their representatives after the contract period expires should the company have a
contractual offer in hand from one of the major labels or major independent record labels so
distinguished by the sale of over $1 million dollars in total sales during a label’s calendar year. Said
obligation is referred to as the artist’s "overcall album" and option on the part of the record company
may be exercised at any time the company has written offers in hand for the artist’s consideration.

Major labels in Nashville shall include, but not be solely limited to the following: Arista, Atlantic, EMI-
Capitol, Columbia, Dreamworks, Epic, MCA, Mercury, RCA, Reprise, Sony, or Warner Brothers or
subsidiaries thereof.

4. The "overcall album" shall be completely subject to all of the terms and conditions of this
agreement and artist shall be given sufficient notice of such option being exercised in writing at least
30 days prior to the notice of time to appear to record and shall be entitled to fair payment for "time and
inconvenience" in recording for such label and all total costs for the album will be paid for by the label.

5. During the term of this agreement, the artist will not perform, license or consent to the use of the
artist’s name, likeness, voice, biographical information, any music related material or other
identification for or in connection with the recording or exploitation of phonograph recordings by or for
anyone other than the parties within this agreement without having received permission from the
parties in the management positions within this agreement. No one can unreasonably withhold their
approval or permission from the artist should the artist’s career benefit or should the artist be in a
position to receive compensation from an event, story, or any other thing that would in fact further their
career.

6. Artist further warrants not to perform or to license or to consent to the use by or exploitation of any
phonograph record or recording by the artist embodying any composition that the artist has recorded
under this agreement for another record label, management company, or producer for a period of 12
months subsequent to the expiration or termination of the terms of this agreement since the promotion
of the artist’s single record will be continuing even after the terms of this agreement have ended. Under
the normal course of distribution, a record label is obligated to have the single record in compilation
out within 9 months of the recording date and promotion of a single record will normally take
approximately another 9 months to complete distribution to radio nationally and internationally, should
the label exercise their right to release the aritst's product. That right shall be the sole and exclusive
right of the label executives.

Payment Policies & Procedures

It is agreed and understood between the parties that the Artist, sponsor or music company has paid a
deposit by wire-transfer or certified funds to the recording company, management company, or
producer’s trust account or bank account in the following sum:

Deposit Paid $___________


Method Used ___________ wire transfer
By ___________ certified check

The check or wire transfer between the parties has been sent to Capitol Management as a deposit for
the recording of the following artist:
Wire Transfer Sheet

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Artist Name Here

The total number of sides recorded will be as follows:

Description here

The balance of the recording contract is due and payable 72 hours prior to the session being called.
The recording date is scheduled for (day) of (month) in the year of (year). The total cost of recording the
complete project less the amount of the deposit which has already been paid prior to the issuing of the
Artist Recording Contract is

Dollar balance here

The parties have mutually agreed that the total amount of the recording and production budget will be
used by the record company and producer to pay for the recording costs associated with the items set
forth in the attached budget which is shown at the end of this contract. All sides recorded during the
terms of this contract shall be recorded by the Artist on the record company’s behalf, and all records or
discs made therefrom together with the performances embodied therein, shall, from the inception of
their creation, be entirely the property of the record company in perpetuity, throughout the territory,
free from any claim whatsoever by the artist or by any persons deriving any rights or interest from the
Artist. The original DVD/Compact Disc masters with the artist’s vocals shall become the property of the
artist at the conclusion of this agreement. The music tracks that the artist has recorded with the record
company will be retained by the record company and will be the property of the record company in
perpetuity.

Record Label’s Distribution Rights


The record label shall have the right to secure it’s compact disc compilation album rights, the album
copyrights, and the sound track copyrights in the company’s name as the owner and author thereof
any/all record label product. This right does not prevent the artist from obtaining retail product for
his/her use with the record label’s logo, insignia and name and phone numbers therein. The record
label shall have the use and renewal right to any/all copyrights and sound track rights displayed on
their label for perpetuity. The record company shall have the sole and exclusive right to use the sides
throughout the territory or any part thereof in any manner it deems fit, including without limitation, the
sole and exclusive right in perpetuity and throughout the territory to: Manufacture, advertise, sell,
distribute, lease, license, or otherwise use or dispose of the sides and phonograph records, cassettes,
cas-singles, compact disc units, videos, or a combination of any of the above embodying the sides
recorded in any or all fields or use by any method now or hereafter known such as through the internet,
home-shopping channel, home-music channel, satellite television or any of the internet services such
as America On-Line, Comcast, cable or satellite services, Micro-soft, etc. The record company shall
also have the sole and exclusive right of first refusal to do any of the above with anyone that the record
company feels is not in the best interests of its label or artist roster.

2. The record company or management firm may also withhold their permission for the artist to
perform the sides publicly or to permit the performance of their product or compositions on any radio
broadcast, media outlet or magazine that is not in the public’s best interest or the record company’s
best interest or does not meet the standard’s of public decency in the region in which the company
exists or is attempting to market the artist’s image. Should the artist choose to participate in any public
venture that might cause the

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record label liability, then the record company has the right to immediately terminate the artist’s
contract for breach of this provision or any other good/just cause deemed necessary.

3. The record company shall have the sole and exclusive rights to distribution of it’s own product and
has the sole and exclusive power in what radio, television broadcast, or media outlet the artist or
parties speak with concerning this recording contract. In all matters regarding the media, the record
company’s official publicist shall issue all press releases and statements. The management firm and
record company shall have the sole and exclusive right to use or to refuse to use all of the artist’s
pictures, professional and non-professional, color or black & white, videos or home videos, to use and
publish the name of the artist, including all professional, group, or assumed stage names of the artist,
in connection with the sale, promotion, exploitation, and promotion of the derivatives of the sides
recorded throughout the territory and for the continued release of any/all derivatives of the sides
recorded, and may continue to promote and exploit those sides through anyone, or any medium the
company feels is furthering its name, trademark, or label to which the company and its licensees may
from time to time enter into agreements with or from time to time elect to do business with.
Domestic Sales

On albums, digital files, streaming, cloud sharing technology, compact disc units, 45 rpm records or
any derivative upon which the artist’s voice is found, a statutory royalty will be paid on any/all product
sold with the exception of any/all promotional pieces distributed without cost in the artist’s behalf.

1. The Artist shall be entitled to $0.60 (sixty cents) minimum on every 12 song CD sold and distributed
at retail and 50% of statutory payments on any/all other derrivatives sold at wholesale. Any statutory
increases decreed by statutory law within the State of Tennessee, or by the Federal Government will be
honored in behalf of the artist in this agreement and any/all payments that the record company is
obligated to pay will be paid promptly upon the 5th day of the month at the beginning of each quarterly
payment period in the music industry.

2. Single compact disc records sold in compilation, each artist’s share of the royalty payments shall
be calculated by dividing the total number of sides or compositions of the compilation disc into the
statutory payment and all artist’s shall be paid equally regardless of chart status or sales status. A
minimum of $0.10 (ten cents) per disc will be paid to each artist and any/all statutory rate increases
shall be observed and paid to the artist as well as noted in the above paragraph. On compact disc
albums of just a single artist’s material, a statutory royalty of $0.80 (eighty cents) minimum shall be
paid to the artist or the sum of 08% of retail or 04% of wholesale whichever shall be greater. The
average cost of a retail compact disc unit during the term of this agreement is calculated at $14.95 US
Dollars and the royalty payment would be $1.79 per unit less destination charges and any/all
government taxes, liens, or other excise payments and any/all recoupable expenses the record label
holds as "recoupable," against the artist account.

No royalties will be paid on promotional pieces of product or any product that is given away to
advertise the artist’s appearance or to further the artist’s career. That product base expense shall be
the record company’s responsibility and the record company shall have the sole and exclusive right to
determine how many pieces of promotional product it uses to further the career of each artist.

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International Royalties

The royalties due the artist on albums, cassettes, cas-singles, 45 rpm records, phonograph records,
or compact disc units sold internationally will be exactly 50% of the royalties calculated for national
distribution in the United States after the royalties have been exchanged into U.S. currency. No
royalties will be paid on product given away to promote the artist overseas to radio stations, tour
companies, or any other advertising purpose that the record company may deem necessary in
furthering and enhancing the artist’s image outside the U.S. Again, the base costs of the development,
production, and distribution of this product will not be charged back to the artist while the artist is
signed to this development label.

Section B:

Mutual Covenants

It is agreed between the parties that they shall mutually determine the songs that the producer will
record and be performed by the artist in the studio. The producer and record company shall have the
right to produce the recordings exclusively using their label personnel and union session musicians
only. The company shall also have the right to hire such other producers, or subcontractors as it may
choose to hire to further the artist’s career.

Artist’s Original Compositions

1. Artist warrants that there are no restrictions with respect to compositions that the artist claims are
his original songs and that a legal songwriter’s contract, a copyright and a publisher’s agreement has
been reached prior to the recording of such original sides.

2. Artist further covenants and warrants that he has the sole right to record such original songs
without any restrictions whatsoever and that he has not entered into any written, oral, or other binding
agreement or proposition of any kind prior to recording such songs on behalf of the record company or
its licensees. Artist covenants and warrants that he/she has not ever entered into any written, oral or
other agreement which would affect his signing with a major label prior to signing with this
development label which develops talent exclusively for major labels and major independents only.

Producer & Co-producer Covenants


"hold harmless agreement"

Artist, artist’s music company representatives, artist’s management, artist’s agents, and family and
future management, agents, or family representatives of the artist’s music company warrant that if the
producers and management company that the artist has signed a development contract with, arrange
to sign the artist to a major label within the terms of the agreement and for 12 months thereafter
through their efforts, that the artist shall permit producer and the co-producer on this contract to have
the following rights follow this contract to be included in the contract that the artist signs with a major
label:

a. Producer and co-producer shall be entitled to their statutory producer payments of 2% of the total
amount of money that a major label spends on the production of the album, and the company’s
management firm shall be entitled to 2% of the total gross revenue from the artist’s sales, corporate
sponsorships, products sold, and any/all receipts related to their signing with a major label for as long
as the artist is signed to any major label including major independent labels or major labels that might
sign the artist in sequence after the first label.

b. Such payments shall be paid to the producers and their management firm by the major label, or
major independent label to which the artist is signed. None of these payments would be paid by the
artist directly to the parties within the terms of this agreement,

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but any/all payments would be the direct responsibility of the major label to which the artist has made
an agreement in writing and for the term of that agreement or any subsequent major label offerings that
were made after the first label offering or agreement was entered into.

c. Producers shall also have the right of first “pitch” to artist for his album at the major label. Should
there be a choice between a song that the label likes and a song that the artist likes from the producer’s
publishing company, then the major label would be obligated to include on the artist’s album at least
one song from the producer’s publishing company if the artist so desires to cut that composition. This
right would only involve one cut per album and one single release and video release per year.

Carefully Read This Section!

d. Realizing that the music business is a “high risk” investment for any artist, artist and producer
agree and warrant that the artist is not in any way placing his family’s financial security in jeopardy,
that artist is not in any manner mortgaging his home, car, or business to obtain the money to record,
and has not nor will he/she put anyone in his immediate family in any type of financial hardship to pay
for this presentation tape or recording opportunity. Artist also covenants that he/she is not basing his
decision to record on any intangible or fraudulent promises, dreams, or incentives given him by the
producers, company, or management firm. It is the reality of the music business that the artist is taking
a chance at recording and may or may not ever be signed to a major label in the future. This risk is
understood up front and placed within the text of this agreement between the parties so that everyone
concerned realizes that the producers, management firm and record company have nothing but the
purest ethics in mind and everyone who enters into this joint-venture contract is taking a risk and
putting up something towards the goal of obtaining a major label contract for the artist. Artist agrees
and warrants to hold the producers, record company, and management company “completely & totally
harmless” from lawsuits, litigation of any kind whatsoever, that might proceed from any
misunderstandings spelled out or not spelled out in this agreement. If such a disagreement happens,
then both the artist and the producers have agreed in this contract as mature adults to seek binding
arbitration for their differences outside the bounds of a lawsuit and before a group of people within the
music community who understand the legal aspects of each and every facet of this document.

The artist understands and warrants that no one can guarantee “superstardom” in the music industry
and the reality of the future is that only a small percentage of the acts signed to the major labels, go on
to become priority roster acts and achieve superstardom. This recording contract embodies no more or
no less than the contract implies, in that this production contract gives the artist a “ presentation tape”
of songs & compositions or “tools” to use in achieving the goals he has set for himself in the music
business.

Both the producers, management firm, record company and record company personnel will do their
very best in behalf of the artist, to promote further and assist him in any way possible during the terms
of this agreement. It is the desire of this company to present itself at the outset as a company which
makes no attempts to guarantee anything except for the services it is bound to render in behalf of the
artist through this contract. All of the pricing and various portions of this contract are within the
boundaries and guidelines set for the players, background vocalists, and companies who do ethical &
legitimate production on music row. In short all fees are within "reasonable" guidelines of the local
music industry standards.

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It is the goal of both the management company and record label to make a profit along with the artist
so that each of the entities can continue to pursue their music goals and accomplish more together
than the individuals could ever accomplish by themselves. The artist needs guidance and a record
label, the record label needs artists on their roster to further their goals, and the producers need
compositions to produce in the studio with the players to fulfill their goals, and together the
partnership of the entities involved is stronger than if each one of the parties tried to accomplish these
goals alone.

Addresses Of Parties
Herein
Artist Information:

Artist Name
Artist Address
City, State, Zip Code
Daytime Phone
Evening Phone
Fax Number
Email

Record Company Information

®Platinum Plus Records


330 Franklin Road
Brentwood, TN 37027-3282
615-321-0600 (wk)
615-338-4497 (fax)
Contact us

Management Company Information

®Capitol Management Group


330 Franklin Road
Brentwood, TN 37027-3282
800-767-4984 (toll free)
615-321-0600 (work)
615-338-4497 (fax)
E-mail

Producer Information

Robert D. Metzgar
c/o Capitol Management
330 Franklin Road
Brentwood, TN 37027-3282
615-321-0600 (wk)
615-338-4497 (fax)
www.robertmetzgar.com
E-mail

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Artist’s Corporate Sponsor


Artist’s Music Company

Company Name
Address
City, State, Zip Code
Daytime Phone
Evening Phone
Fax
E-mail

Co-producer Information

Name
Address
City, State, Zip Code
Daytime Phone
Evening Phone
Fax
E-mail

Studio Information

Company Name
Address
City, State, Zip Code
Daytime Phone
Evening Phone
Fax
E-mail

Manufacturing Information

Company Name
Address
City, State, Zip Code
Daytime Phone
Evening Phone
Fax
E-mail

Assignments Of These Rights & Covenants

Artist , producers, record label, management firm and all the parties herein agree together that all the
rights hereunder may be assigned by the parties to a major label or one of their subsidiaries, or to a
major independent label or one of their subsidiaries either expressly or by operation of law, subject
however, to the various parties agreement that it is in the best interests of the artist.

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Artist and artist sponsors agree that all income derived at the time of signing or during the terms of
this agreement shall be considered as follows:

a. Until such time as the complete initial investment that the artist or artist’s sponsors have been paid
back their principal sum of investment and including all the various travel expenses and “intellectual”
time spent in composing these compositions, none of the artist’s income from a cash advance at a
major label would be considered “income” in a taxable sense. After all the initial costs and expenses
are paid back, then 85% of the artist’s income should be placed into his business account to use for
business purposes as non-taxable expenses for travel, food & entertainment, clothing allowance,
transportation to and from his dates, and any other reasonable expense that is music related from
which the salary of the entertainer would be paid, the remaining 15% of his income from all sources
whatsoever including songwriting, publishing, personal appearances, and product sales would be sent
directly to the artist for his own personal money outside his business expenses.

Purchase Of Retail Product


By The Artist

b. Artist will have the right to purchase audio product, in forms discovered now or not discovered
now, compact disc units from manufacturing at “cost.” Whatever the lowest price that the record
company is able to buy them for, the artist would be able under this contract to also buy the same
product for the same costs from the manufacturer. Estimates for the units would be approximately
$1.98 per unit for a minimum order of 1000 units (manufacturers set the threshold minimum orders for
their customers at this amount). Set-up costs are incurred on the first order such as graphics, pictures,
color separations, etc. Estimates for compact disc units after the set-up costs are paid for on the first
order would run $1.34 per disc in lots of 1000 (again manufacturers would set the threshold for a
minimum order for retail product).

c. The cost of all retail product ordered by the artist will be the sole responsibility of the artist and the
producers, management firm, and record company will not involve itself in the “retail” product portion
of this contract. Should massive “retail” sales on a national basis become available, then this entire
agreement would have to be re-negotiated at a fair price for all the parties concerned. Any wholesale
level sales, or regular commodity distribution through regular channels has been covered by statutory
royalty payments described in detail in this contract.

Songwriter & Publisher Royalties

d. The artist will not owe any player or producer royalties until his sales reach the threshold of 15,000
units. At that time, the difference between limited pressing scale and master scale would become
effective and the artist would be required to pay the difference to the union or allow the players
equitable relief.

e. Statutory royalty payments to publishers and songwriters are due and payable from the outset on
all retail product and shall be the sole responsibility of the seller and the seller shall hold the record
company, management firm, and producers completely harmless from such payments as none of the
artist’s sales money will have entered into their control or bank accounts. No royalty payments are due
on promotional product that is given away or used to further that artist’s career. Only product sold at
the regular retail or wholesale levels would be subject to royalty payments. All other promotional
pieces would be exempt from payments except on a first time release of an unpublished song. Royalty
payments would be due on such compositions except those original compositions written by the artist
himself.
next page

page 14

Agreements In Whole

This contract sets forth the entire agreement between the parties with respect to the matters hereof,
and may not be modified, waived, or added to, except in writing and signed by all the parties according
their signatures which follow on the following pages. In witness whereof, all of the following parties
have caused their legal signatures to be affixed in agreement this (day) in the (month) of and (year) of
and artist and producer have initialed all of the pages as witnesses of the signatures that are affixed
hereto.

SIGNATURE OF PARTIES

Joint-Venture Production
Artist Recording Agreement

Artist Signature

_____________________________________________

Record Label Representative

_____________________________________________

Management Company

_____________________________________________

Producer

_____________________________________________

Co-Producer

_____________________________________________

Artist’s Music Company Representative

_____________________________________________

Witness To The Agreement


The above parties have affixed their signatures and are known to me (witness) to the agreement.

This agreement signed and agreed to on the following date.

NOTARY PUBLIC SEAL

Next Volume 7

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